Barclays wins with positive view on US economy
The bank sees the Fed hiking rates in June
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Barclays topped last week's one-month currency forecast charts by correctly predicting broad dollar gains – a view built on the assumption that falling oil prices would boost domestic consumption, spurring the Federal Reserve to hike rates sooner rather than later.
On February 13, Barclays forecast EUR/USD would move to 1.13 from 1.14, and USD/JPY to rise to 120 from 118.84, due to the outperformance of the US economy relative to the eurozone and Japan.
"We were dollar
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